INDEPENDENCE HOLDING CO
Financials · Life Insurance · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $443.9M | $374.4M | $350.8M | $320.5M | $75.9M | $530.5M |
| Operating income | — | — | — | — | — | $48.2M |
| Net income | $18.9M | $12.4M | $28.5M | $42.0M | $106.0M | $29.9M |
| Total assets | $1.08B | $1.05B | $1.04B | $1.04B | $1.13B | $1.20B |
| Total liabilities | $611.0M | $592.4M | $583.9M | $604.3M | $695.2M | $865.3M |
| Equity | $469.8M | $459.7M | $448.7M | $431.5M | $436.6M | $323.4M |
| EPS (diluted) | $1.28 | $0.83 | $1.89 | $2.63 | $6.08 | $1.71 |
| Shares out. | 14.9M | 14.9M | 14.8M | 16.4M | 17.2M | 17.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- —
- Net margin
- 4.3%
- Return on equity
- 4.0%
- Return on assets
- 1.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 56.4%
- Debt / equity
- 1.30×
- Book value / share
- $31.63
- Revenue growth (YoY)
- 18.5%
- Net income growth (YoY)
- 52.3%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2020- Accruals / assets
- −3.0%clean
- Piotroski F-Score
- 6/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 19, 2018
- NT 10-Qmissed a reporting deadline ↗May 11, 2017
- NT 10-Kmissed a reporting deadline ↗Mar 17, 2017
- NT 10-Qmissed a reporting deadline ↗Aug 10, 2016
- NT 10-Kmissed a reporting deadline ↗Mar 15, 2016
- NT 10-Qmissed a reporting deadline ↗May 13, 2008
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Director / officer change · Amended charter or bylaws · Shareholder vote · Other material eventFeb 15, 2022
- Delisting / listing-standard noticeJan 10, 2022
- Completed an acquisition or dispositionJan 3, 2022
- Completed an acquisition or disposition · Director / officer changeDec 20, 2021
- Results of operationsNov 9, 2021
- Entered a material agreement · Other material eventNov 9, 2021
- Regulation FD disclosureAug 30, 2021
- Results of operationsAug 10, 2021
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12BFeb 28, 2022
- 25-NSEFeb 16, 2022
- S-8 POSFeb 16, 2022
- S-8 POSFeb 16, 2022
- S-8 POSFeb 16, 2022
- S-8 POSFeb 16, 2022
- 4PRIMARY DOCUMENTFeb 16, 2022
- 4PRIMARY DOCUMENTFeb 16, 2022
- 4PRIMARY DOCUMENTFeb 16, 2022
- 4PRIMARY DOCUMENTFeb 16, 2022
- 4PRIMARY DOCUMENTFeb 16, 2022
- 4PRIMARY DOCUMENTFeb 16, 2022
- 4PRIMARY DOCUMENTFeb 16, 2022
- 4PRIMARY DOCUMENTFeb 16, 2022
- 4PRIMARY DOCUMENTFeb 16, 2022
Event-driven situations (3)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.